DryShips to Announce 3Q 2011 Results

press releaseNovember 7, 2011

Announcement to include Third Quarter 2011 Results Release, Conference Call and Webcast.

DryShips Inc. (NASDAQ: DRYS) (the "Company" or "DryShips"), a global provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc.(ORIG), of off-shore contract drilling oil services, announced today that it will release its results for the third quarter 2011 after the market closes in New York on Monday, November 7, 2011. DryShips' management team will host a conference call the following day on Tuesday, November 8, 2011, at 9:00 a.m. ET to discuss the Company's financial results.

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